Things You'll Need:
- There are many techniques to find out good stock. Most common are stock breakout, pick and Gap. To find out stock with good potential to go up/down you need to follow some rules
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Step 1
Breakouts are some of the most common and interesting technics to stock picks. Only the stock choose those breakouts with high volume (at least 250%).Before to pick stock check that the stock continues its upward trend in the next trading session.
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Step 2
Peak is a one of my favorite technique to play.
Some of the plays are short term plays only, but Peak Plays require that you take quick decision. -
Step 3
Gaps is a one more good plays, Majority technical analyst recommend to play gaps, because stock market tendency to fill up gap within short time period.
If major trend is up and there is a down side gap, and as soon as it hit support zone (point) you can buy particular stock.
Same way if trend is down and there is an up gap, in this condition when stock hit resistance zone (point) you can enter short.
